VoiceObjects Closes $10.8 Million Financing; Adds Veteran Executives to Management Team; Bonnie Crater Joins as SVP, Marketing; Kendra Borrego Joins as CFO

VoiceObjects, Inc. announced today it has closed a $10.8
million venture capital financing. The funds were provided by existing
investors Telesoft Partners, Wellington Partners, SAP Ventures,
Deutsche Telekom's T-Venture and Enjoyventure. The company also
announced that industry veterans Bonnie Crater and Kendra Borrego have
joined as senior vice president of marketing and chief financial
officer, respectively. These executives join recently appointed
president and chief executive officer Beatriz Infante, formerly
president and chief executive officer of Aspect Communications, on the
company's senior management team. More information and biographies of
the entire leadership team are available at www.voiceobjects.com.
The latest financing brings the total amount of venture capital
raised by the company to $35 million. The new funds will be used to
enhance the company's sales and marketing functions in the U.S. and to
continue development of the company's VoiceObjects Server and other
products. The company also announced that the membership of its Board
of Directors has changed and now consists of Arjun Gupta, founder and
managing partner of Telesoft Partners, Beatriz Infante, president and
chief executive officer of VoiceObjects, and Jorg Uberla, general
partner of Wellington Partners.
"With today's many announcements -- a significant financing, the
addition of veteran executives, the general availability of our
revolutionary phone application server product, and an important
customer win -- this is a momentous time for VoiceObjects," said
Beatriz Infante. "The company is now ideally positioned to build on
its impressive record of European success by radically transforming
the North American phone-based self-service industry."

Veteran Executives to Lead Marketing, Finance

Prior to joining VoiceObjects as senior vice president of
marketing, Bonnie Crater was senior vice president and general manager
for Salesforce.com's service and support business unit. Crater also
held vice president and senior vice president marketing roles at
Genesys, Netscape, Network Computer Inc. and Stratify. A ten-year
veteran of Oracle Corporation and its various subsidiaries, Crater was
vice president, Compaq Products Division and vice president, Workgroup
Products Division. Crater was also president and CEO of Zelerate, a
provider of open source e-commerce solutions. In 2000, Crater was
named one of the "Top 20 Female Executives in Silicon Valley" by San
Jose Magazine. Crater holds a B.A. in biology from Princeton
University.
Prior to joining VoiceObjects as chief financial officer, Kendra
Borrego had a thirteen-year career at IMPAC Medical Systems, Inc.,
where she was most recently chief financial officer and vice
president, finance. At IMPAC, Borrego was responsible for the
strategic development and coordination of finance, accounting,
investor relations, legal affairs, contracts administration, human
resources and purchasing functions. She also led the company's initial
public offering and managed significant sell-side and buy-side
acquisitions. Borrego holds a B.S. in business administration from the
University of Nevada, Reno and an M.B.A. from San Jose State
University.

About VoiceObjects

VoiceObjects is the phone application server company. VoiceObjects
works with carriers and enterprises around the world to deliver a
personalized customer service experience to more than 500 million
callers every year. VoiceObjects Server, the company's flagship
product, supports phone-based applications at more than fifty leading
companies, including Adobe, T-Mobile and Volkswagen Financial
Services. VoiceObjects is privately held and headquartered in San
Mateo, Calif. For more information, please contact 650-288-0299 or
visit www.voiceobjects.com.